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  • No PLI scheme for leather, footwear and toys planned: Govt tells Parliament

    Union minister of state for commerce and industry Jitin Prasada stated in the Parliament that in 2024-25, India's total export of leather, leather products and footwear was $4,828.97 million. Of this, 35.17% or $1,698.59 million worth of exports went from Tamil Nadu alone.

  • Aligning incentives of SMEs and PEs can boost private industrial investment

    Aligning incentives of SMEs and PEs can boost private industrial investment

    A dedicated policy of allocating capital through NIIF or similar institutions to private equity funds focused on key manufacturing sectors in India, with an explicit mandate of funding primary capex and M&A in small and medium enterprises, may be the solution.

  • MC Interview | First Solar looks at producing 3.4 GW of solar modules annually, a year from now: MD Sujoy Ghosh

    MC Interview | First Solar looks at producing 3.4 GW of solar modules annually, a year from now: MD Sujoy Ghosh

    The company is one of the three selected under the production-linked incentive scheme to produce solar modules in the country. In India, the firm will continue to cater to power utilities instead of B2C companies. Ghosh hopes to significantly localise component supply chain by the end of 2025.

  • SEBI's amended skin-in-the-game rules only add to the confusion

    SEBI's amended skin-in-the-game rules only add to the confusion

    Junior employees get more time to meet the Sebi requirement. But there’s a better solution to ensure fund managers perform

  • Govt approves incentives for autos, relief measures for telecoms sector: Source

    Govt approves incentives for autos, relief measures for telecoms sector: Source

    Shares in wireless carriers Bharti Airtel and Vodafone Idea were up more than 3% at 0745 GMT on the news.

  • Rs 5 discount on online payment of LPG cylinder

    Rs 5 discount on online payment of LPG cylinder

    After petrol and diesel, buying and paying for cooking gas (LPG) online will get consumers a discount of Rs 5 per cylinder.

  • Capt Ghosh nets Rs 21 crore as IndiGo net profit in steep climb

    Capt Ghosh nets Rs 21 crore as IndiGo net profit in steep climb

    In what would be one of the highest payouts in India Inc, Aditya Ghosh, President and Wholetime Director, InterGlobe Aviation, bagged a whopping Rs 21-crore one-time incentive, along with 7 lakh shares, for the fiscal year ended March 31, 2016.

  • Achieving garment exports target remains a challenge: Icra

    Achieving garment exports target remains a challenge: Icra

    Government's latest package for the textile sector is likely to improve the competitiveness of the country's exports but achieving the target of USD 43 billion of apparel exports by 2018 remains a challenge, ratings agency ICRA said.

  • Cargo transports to soon find a waterway, but at what cost?

    Cargo transports to soon find a waterway, but at what cost?

    In order for companies to take to shipments over water, the government went ahead and said it would offer an incentive of Rs 1 per tonne per kilometer of cargo to them. But freight owners who are more used to roads will have to pay a small price for it.

  • See steady store sales; acquisitions to impact Q3: Talwalkars

    See steady store sales; acquisitions to impact Q3: Talwalkars

    Speaking to CNBC-TV18, Anant Gawande, chief financial officer, Talwalkars says the occupancy rates are the highest in first 15 days of the year and most renewals too take place in the same month.

  • Govt includes subsides under income in Fin Bill amendment

    Govt includes subsides under income in Fin Bill amendment

    The definition of income has been amended to include any subsidy, grant, waiver, cash incentive or similar assistance. This has been a vexed issue for long.

  • Draft norms 'fair' but open to change: CERC

    Draft norms 'fair' but open to change: CERC

    Terming as "fair" the power draft regulations put out by it recently, Central Electricity Regulatory Commission (CERC) Chairman Gireesh Pradhan said the rationale behind the draft was to tighten operational norms for power companies.

  • NTPC incentive unlikely under draft power rules: Quant

    NTPC incentive unlikely under draft power rules: Quant

    Abhineet Anand, Power Analyst, Quant Capital, spoke with CNBC-TV18 on the impact of the CERC draft regulations on NTPC and other power companies.

  • 100% stock options to employees on meeting goal: Cognizant

    100% stock options to employees on meeting goal: Cognizant

    Nasdaq-listed IT firm Cognizant today said it will pay its senior executives 100 per cent performance-linked stock options if the company's revenues touch USD 8.51 billion in fiscal year 2013.

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